Bottom line
- Total investment $119K – $355K including a $45K franchise fee.
- No Item 19 financial performance data disclosed — the franchisor chose not to publish revenue figures.
- Rated CAUTION with a risk score of 75/100.
- No Item 19 financial performance representation. Without franchisor-disclosed revenue data, you'll need to gather unit economics directly from existing franchisees.
Item 1 · who you're contracting with
The Franchisor
Yale framework · single-unit ROIC
Returns Analysis
Pulls Item 7 (investment) and Item 19 (revenue) from this brand's FDD into the Yale unlevered-ROIC formula. Override any input to stress-test it against your own assumptions.
The model · Yale framework
What would one Extreme Art Studio unit return on the cash you put in?
Unlevered ROIC · per unit
36%
In Yale's "attractive" band (30–60%)
Overview
About
Franchisees operate art instruction studios offering classes in painting, drawing, and mixed media to children and adults. Day-to-day operations include teaching scheduled classes, managing student enrollment, handling retail art supply sales, managing staff scheduling, and marketing to local community members to fill class slots.
Item 7 · what it costs
The Vitals
Item 19
Financial Performance
This franchisor did not disclose financial performance representations in Item 19, or our extractor could not parse them.
Item 20 · unit dynamics
The Growth Chart
Year-over-year franchised unit counts and net change. Source: FDD Item 20.
Item 20 · 13 states with active franchisees
The Territory Map
Derived from franchisee contact records. Shows states with at least one current operator — not where the franchisor is registered to sell new units (that data is re-extracting in a future refresh).
States derived from franchisee phone area codes (Item 20). Approximate — ported numbers may show the original state, not the franchisee's current location.
Government records
SBA Loan Data
Aggregated from SBA 7(a) loan disclosures, public data unique to FranchiseVerdict.
No SBA loan data available for this brand.
FranchiseVerdict rating + FDD Items 3, 5, 6, 12, 17
Risk & Legal
This is a pre-revenue or failed franchise system with zero operating units, undisclosed financials, franchisor going concern issues, and high upfront costs for an unproven art studio concept.
Score breakdown · what drove the 75 / 100 rating
- 01MINORZero existing franchisee units with unknown growth trajectory indicates brand has never successfully scaled or is in early/failed launch stage
- 02HIGHGoing Concern status is FALSE, suggesting franchisor financial instability or viability concerns
- 03MEDNo average revenue or net income disclosure (missing Item 19) prevents ROI validation and suggests poor unit economics
- 04MINORHigh initial investment range ($119k-$355k) paired with unproven business model creates significant financial exposure
- 05MINORMinimum royalty floor of $500/month ($6k annually) creates break-even pressure even in slow months
- 06MINOR10-year term locks franchisee into relationship with unproven franchisor with no track record
Severity inferred from the FDD text · not a regulatory classification
FDD Items 5, 6, 12, 17 · continued from Risk & Legal
Contract & Territory Detail
Item 11
Training & Operations
Item 20
Franchisee Contacts
Phone numbers extracted directly from this brand's FDD Item 20. After purchase, you'll also receive a list of validation questions tailored to this brand.
Franchisee contacts
14 numbers
One-time purchase · CSV download · Validation questions included
FDD download
Extreme Art Studio · FDD (2024) PDF